so i've tried to make sense of the crypto market, tell me if i'm right
>bitcoin is the most secure crypto by far and the crypto that makes everything possible, non inflationary unlike the dollar
>monero is more a tool than an investment and it's important for those who value privacy
>ethereum is currently the research lab of crypto which includes serving as the garbage dump of the industry
>other crypto can be seen as stocks where you invest in a man or a project such as chainlink to research the oracle technology
>basically if no one can stop bitcoin then no one can stop crypto from growing
anything missing? i'm going all in into bitcoin monero and ethereum eoy
So i've tried to make sense of the crypto market, tell me if i'm right
Easton Butler
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Elijah Ramirez
There's nothing to know. it's all a scam. it's all useless. The only reason the network is secure is because mining is profitable. When it's no longer profitable expect 51% attacks. It's literally over it's going to 0$ don't buy
Angel Martin
better be safe than sorry
Xavier Brooks
Etherum lmao kys pony faggot dick swallower
Cameron Williams
>basically if no one can stop bitcoin
They can try and make btc dump very hard.
But the fact is that black market in general (drugs, whores, wepons, etc..) will still going to use BTC no matter how hard the ban would be in every single country.
It's like torrent sites. Peer to Peer.
You can fuck pirate bay and cause some trouble after years of free piracy.
But in the end, people always gonna find his way.
BTC is a door open that cannot be closed anymore.
Sebastian Davis
You have a point but is mining really profitable for the majority of miners or is it just a lottery?
Leo Hall
No that's pretty concise and mostly accurate.
Hit the nail on the head for Monero, shit-tier investment but does precisely what it says it will do.
Anthony Harris
>Going all in on ETH and not matic as well
NGMI user
Adrian Wilson
why?
Hunter Cooper
Except bitcoin is not used for illegal trades anymore
Nicholas Thompson
>and the crypto that makes everything possible
bitcoin doesn't do shit besides being a financial network purely to do Bitcoin transactions. Don't get me wrong, this is super important to have a financial network that the US nor the Chinese nor Russia have the ability to censor transactions. But this is what the innovations of crypto offer, completely removed from the BTC ecosystem.
youtube.com
Perhaps someone will mention what technology makes the above possible.
Brayden Garcia
bitDAO is the best fucking dao this side of mt etereum.
Owen Adams
Oh, I see it was mentioned already, nice. You're on the right track OP
Blake Morales
Link price eoy?
Isaac Wood
>What is bitcoin difficulty retarget.
Carter Williams
Everytime I see a thread like this it makes me happy that I sold at the top and exited one of the biggest unregulated tech pump and dump schemes ever.
There's still no adoption you retards,
the golden age of ordering drugs on the internet has passed and transactions are still just as inefficient as they were during silk road and agora era. There is no decentralization while whales and exchanges exist. There's clear indications that Bitcoin moves with the stock market. You literally can't do anything with it except sit on it and wait for a chance to sell at a profit and right now there's only small gains to be made, you missed your chance.
These small rallies are not signs of long term recovery, these are tiny pumps that we've seen in the stock market before a major crash.
If you still have a large amount of your portfolio in this fake internet money, you're a retard. Web3 and Crypto was always a speculative financial vehicle, whatever bull shit project pulled you in is going to fail because it was always meant to be an exit scam.
Sebastian Scott
LN transactions CAN and HAVE been censored
Jaxson Diaz
I don't have time to watch the video before the thread gets archived, what is your video about? what's the innovation you're talking about? in the end every currency will compete against each others, and I don't think a centralized currency will win in any way long term
bitcoin can act as a public database since you can store cryptographic proofs in it, it allows to preserve any data (even if the data is false, but that's normal)
Bentley Price
I don't think you read my entire post
besides, I know that bitcoin can scale to millions of transactions per seconds on chain, but that requires better hardware which we don't have (fiber everywhere on earth, cheap exabyte personal storage)
Juan Scott
Nah you're on the right track
Joseph Sanchez
this. the only way the network will remain secure after the supply is mined is if people actually use it to transact, but no one uses it to transact because
>line go up!
>HODL mode!
It's over. Use monero if you want to buy something.
Cameron Rodriguez
Hi again liminal bro how's life